Rising Costs of Foodborne Illnesses and Global Economic Insights

Explore the $2 billion increase in the economic cost of foodborne illnesses from 2013 to 2018, highlighting the financial burden on the U.S. economy. Delve into the Federal Reserve's meeting minutes and global PMI data to understand the macroeconomic landscape. Discover how the UK narrowly avoided a recession and the implications for its future. Gain insights into China's economic challenges and the broader global economic dynamics. This episode offers a comprehensive analysis of pressing economic issues and their impact on policy and markets.

Sources:
https://www.ers.usda.gov/amber-waves/2021/april/economic-cost-of-major-foodborne-illnesses-increased-2-billion-from-2013-to-2018
https://www.tastylive.com/news-insights/stock-market-sleepwalking-global-recession-growth-slows
https://english.news.cn/20250216/b7736383ebd64cdcb324a7b39a2bf118/c.html
https://asia.nikkei.com/Opinion/China-s-economic-woes-are-merely-growing-pains

Outline:
(00:00:00) Introduction
(00:00:44) Economic Cost of Major Foodborne Illnesses Increased $2 Billion From 2013 to 2018
(00:03:52) Federal Reserve (FOMC) Meeting Minutes and Global PMI Data: Macro Week Ahead
(00:07:34) Economic Watch: UK economy avoids recession, but for how long?
(00:10:13) China's economic woes are merely growing pains